May 18, 2021 r/Superstonk Live AMA for Wes Christian. Statement @ 32:25: "THE PROBLEM IS THIS [naked short selling] IS CONTROLLED BY THE CABAL." There you have it folks! Q and the fight against the Cabal is going mainstream! When the Cabal falls, the rocket will soar! ?
(www.youtube.com)
? B O O M ! ?
PSA
The GameStop Corp Annual Shareholders Meeting is scheduled this Wednesday on June 9th.
This may well be the point of no return for the GME saga. The next few days may very well be the end of affordable tickets for the rocket.
Notice the handshakes and how they are pushing nok,amc, and selling gme? Seem familiar? It should be - they are shills
I moved money into my trading account on the 5th but it says I can't use it until the 10th... FML
What brokerage are you using?
e-trade
is it possible it could be the end of high priced tickets though?
Do you consider $250 to be a high price to pay for a stock that may be worth $25,000,000?
What's a "high" price per share? Are we talking AMC, GME, Tesla, AutoZone, Alphabet, Amazon, or Berkshire Hathaway prices?
Well beyond anything we have ever seen. Retail owns the float and shorts have to cover
Surely you're just memeing.
Memes are life.
Nope. But the opposite question must be answered too:
Do i consider $250 to be a high price to pay for a stock that may be worth $0?
The answer there is yes.
it isn't worth zero and it never will be. Aside from the short squeeze potential and unlike the other meme stocks like AMC, GME actually has a solid company transformation underway and regardless of MOASS it is worth more than it currently is.
Totally your call. I sold bitcoin at $800/each also. We don't know the future.
It’s not worth $0. $1 maybe at the lowest but not $0...
Yo, i do not mean to doubt you, i would love GME to go to 25 million but how realistic do you think that really is? I got in at $300.. avg'd down to $150 with the rest of my money but exited at $198.. so almost $50 a share for 20, after almost 1.5 months.. it wasn't a great earn but at least i got out green. It seems so risky
People aren't giving you a good answer.
Look at it like this, there was 140% shares at one point, meaning 40% didn't exist, they are naked floats. If apes buy 80% of all shares and hold (this is the important part), the shorts have to be covered. If no one sells unless they get $1,000,000 per share, the the hedge fund is forced to buy it at that price.
This all comes down to ape resolve. People will sell at $1000, $10,000,$100,000. The strongest apes will hold out.
Best thing to do is see how high it goes, and sell as it starts to fall. You have to be lucky to time out the peak.
You traded a chance at millions for a couple hundred dollars?
/chuckles
It is risky, but the upside is unprecedented. Do what's right for you and yours.